This statistic shows what percentage of construction projects used various cost contingency percentage ranges segregated by the size of the project, as of 2014. A cost contingency range of 5 to 10 percent was the most commonly utilized in construction projects of all sizes. 55 percent of projects estimated to cost less than 1 billion US dollars used a cost contingency range of 5 to 10%. High cost projects were more likely to use a greater range with 8 percent of those projects estimated to cost more than 5 billion US dollars applying a cost contingency percentage greater than 20 percent.
Range of contingency used in construction projects worldwide in 2014, by project size
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
KPMG. (March 31, 2015). Range of contingency used in construction projects worldwide in 2014, by project size [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. "Range of contingency used in construction projects worldwide in 2014, by project size." Chart. March 31, 2015. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. (2015). Range of contingency used in construction projects worldwide in 2014, by project size. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG. "Range of Contingency Used in Construction Projects Worldwide in 2014, by Project Size." Statista, Statista Inc., 31 Mar 2015, https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
KPMG, Range of contingency used in construction projects worldwide in 2014, by project size Statista, https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/ (last visited November 21, 2024)
Range of contingency used in construction projects worldwide in 2014, by project size [Graph], KPMG, March 31, 2015. [Online]. Available: https://www.statista.com/statistics/526896/range-of-contingency-used-in-construction-projects-worldwide/
